Why you and/or your clients should use Short Term, First Position Funding

-It is directed at those who cannot secure the funds they need through normal investor financing channels. Reasons may include: low FICO score, short amount of time involved, funding amount is too small, etc., has no cash, or does not qualify for some other reason.

-We make quick fix/flips possible, for smaller deals, that were previously impossible

-Funding normally occurs in days, not weeks (for qualified deals)

-We do not require an appraisal, credit check or income verification

-Use our funds to get past temporary cash flow hurdles

-Pay overdue: taxes, liens, HOA fees

-Use our funds for building permits, closing costs, materials

-Bring payments up to date on other urgent loans

-Pay off a small note so property can be sold or refinanced

-Get properties out of probate, foreclosure, tax or sheriff’s sale

-Don’t tie up your personal capital, use ours

-Allows investors to leverage themselves into more deals

Short-Term, First Position Funding, $10K-$49K for N.O.O. Mobile Homes on Investor–Owned Land

Capital is Available Nationwide

-$10,000-$49,000

-30-90 days

-Up to 25% LTV (Loan to Value)

-No up-front Fees, Quick Funding decisions

-Private funds

-Perfect for those who can’t get hard money or conventional financing, or need a short-term loan.

-Perfect for under $50,000 and low Fico scores

-Funds in days not weeks.

-No appraisal, credit check or income verification needed!

-Use funds for temporary cash flow hurdles

-Pay overdue taxes, liens, or HOA fees

-Use funds for building permits, closing costs, due diligence, materials

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Fix and Flippers, LLC has closed a bulk Performing Notes purchase transaction with two private companies for an undisclosed amount.

For many years I’ve attempted to locate a perfect match: a buyer and a seller for non-performing or performing notes. Like many colleagues, I’ve encountered the most frustrating situations: after being hand-walked into a servicing company 5 years ago, I was delivered notes on a platter, but I hadn’t identified a true buyer, and consequently, I burned my relationship because my “buyers” did not or could not close anything.

Then over the years I’ve met many true and serious note buyers who could not prove their capabilities to me because I had no notes to sell them. This was soon to change.

Recently I was introduced to a note seller through a referral partner, they proved to hold some product of interest but like most deals – ultimately fell apart.

Rewind to December 2016, originating from a Craigslist ad – I get a response to an ad I post regularly about private trust deed lenders who make loans to flippers, especially in 2nd position, as gap lenders, he explained that although in his companies’ 25 year history they’ve purchased performing and non-performing notes as well as REO from banks, credit unions, savings and loans, builders, mortgage companies, private equity firms, and that they’d buy a single loan and has closed $100M loan portfolio and now they’ve had success buying from individual investors and offering them an outlet.

He wanted me to refer my private lenders to them, but of course, I needed a way to vet their company.

All year I’ve been sending them note packages and they make bids and proceed with due diligence, which lead to notes with no discount, heavily shopped, fake packages, notes with no title policy and/or missing or incomplete paperwork, until finally one of the many leads I’ve introduced to them: brings a fresh portfolio of 20+ performing, agency quality performing notes, of course many things went wrong with the deal, with the usual transaction drama that ultimately resulted in a large portion of the notes to be dropped from the purchase, but finally it closed!

Now we can officially add this to our resume of different transactions we’ve facilitated or been a part of including single family, bulk single family, an operating business, various kinds of loans/funding and now bulk notes.

This is the time of year when lenders may have loans on their books that they want to get off before the end of the year. Also during the year institutions will lose investors and investors decide to discontinue programs. They can sell to my buyer.

Experts would agree with me when I state that: A portfolio or seasoned, long-term, low coupon fixed rate loans can become an asset risk liability…

Sub-Prime loans that remain in company pipelines and portfolio can become a risk liability.

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I’m working with a group of Midwest originating brokers who are helping clients acquire assets and build their nest eggs. This is their program.

AProgramdesignedforRealEstateinvestorstoAcquire, Cashflow,

andRe capitalize onRentalProperties!

As Real Estate Investors know these days; Banks, Lenders and even Private Capital want large down payments to purchase non‐owner occupied investment properties, for the purposes of building a rental portfolio. The secret to building wealth in real estate is building large monthly positive cash flows. In the recent years, that has become increasingly difficult.

So, let’s isolate the biggest problems real estate investors have in growing their portfolio, while explaining how the Private Portfolio Builder Program overcomes these issues:

Growth Capital – Whether it’s a 20% Down Payment or Larger, that’s a lot of capital to put out there to purchase a rental property. Even if the internal rate of return is 20%, it still takes 5 years for a Real Estate Investor to re capitalize their down payment investment.

Lack of access to growth capital puts any business, whether real estate, or selling hamburgers at risk of not being able to grow. A simple rule of thumb is if you are not growing your business, you are losing profitability, due to the increase in COGS and other operating costs that virtually increase every year!

With banks frowning upon Real Estate Investors and their businesses, this is still a tough environment for those that need to have access to capital to grow and thrive, instead of just survive!

Solution ‐ The Private Portfolio Builder Program has partnered with a 2nd Mortgage Lender that will only lend to participants of the program. This 2nd Mortgage Lender has great rates, and has agreed to lend a 2nd Mortgage on any of the Program’s assets. This second mortgage will provide:

20% Down Payment required by the 1st Mortgage.

$15,000 Above the Purchase Price to re capitalize the investor to allow for more Acquisitions within the communities. This is funded through the Community Reinvestment Loan.

Utilize this program for up to 4 purchases of Multi Family Properties (2-4 units)

Why is this Program so Advantageous to a Real Estate Investor looking for Cash Flow Producing assets?

The Community Reinvestment Loan allows Participants to Purchase other Rental Assets and Increase Portfolio Holdings through our $15,000 Recap Program.

This Stabilized Program will ensure long term Success with our Asset Management Strategy.

Turn-Key and Auto Payments through our development and Voucher Program.

Now, this doesn’t mean that program Participants do not have to put down a down payment or have reserves. The first mortgage still requires the down payment and reserves, so that must be placed into the transaction. What we have done is developed a relationship that will recapitalize your down payment plus $15,000 recapitalization, allowing you to continue to build your portfolio, while capturing the cash flows that our Program’s buildings will offer!

Yes. This program has complexity to it, and does require a two step closing of the purchase 1st Mortgage, and then our Lender’s 2nd mortgage a few days after the closing the 1st. We are not only real estate investors, but we understand banking and private lending very well. This is the only way that this program becomes viable, as people without the knowledge and experience of the Chicago Real Estate Markets along with the banking and financing markets would simply not be able to fund these deals.

Stable Income – It is very important to have the stability of income when you are a real estate investor. This program is designed through a section 8 Voucher Program that is funded and dispersed through the City of Chicago’s low housing Program, ensuring that payments are always received between the 1st and 5th of each month, so there is no more tracking down tenant’s rental payments, therefore protecting your monthly income. How many horror stories have we all heard about tenants that just do not pay their rent, and the eviction process can take months?

Solution – The Private Portfolio Builder Program focuses on subsidizing the assets that are purchased by members. We utilize local management companies that have experience in placing long term section 8 renters and other Chicago Subsidized Housing Programs into units. This ensures that each investment performs monthly, and reduces the turnover rate due to Lower Income Tenants move less frequently. By providing an experienced Maintenance Staff, and an Experienced Management Company, Program Participants benefit by reducing costs, while increasing the monthly rental by 20% more than market rates, and producing a steady subsidized cash flow. Subsidized Tenants are a great way to build passive cash flows. When a Landlord provides safe, clean, updated living accommodations in the City of Chicago, you can count on a high occupancy status from just the referrals alone.

Section 8 pays each month during the duration of the contract, and if you work with the tenant, and the case worker, it becomes a long‐term relationship. It’s just a matter of providing Safe, Clean, Updated housing, and then communicating with your customer (tenant) monthly to ensure everything is going OK. Subsidized Programs in the City of Chicago have large waiting lists of Tenants to place into rental properties. There is no shortage of demand in this sector.

Business Modeling – Very few small investors professionally model their business, and ensure that their small business is meeting the needs of the community it is located in. How many investors plan their business from start to exit? The better question is, how many investors align themselves with current market trends? What about having the capital relationships to take you from start-up to growth stage?

Solution – Years of experience in Chicago coupled with professional relationships that understand the Business Model, means the Private Portfolio Builder Program is not only profitable, but is a great example of how to model your business. This program is not only specific to Chicago, but can be done in other markets of the Country.

As we expand again, we shall offer more markets, but Chicago offers a great off market wholesale environment versus a waiting list of subsidized tenants waiting to lease a unit. Since the purchase prices have not recovered as much steam as other markets in the US, but rental markets have risen.

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We currently have this tied up and ready to wholesale to an end buyer.
The buyer would need to replace our $15,000 EMD ASAP. They need to close by end of month.

We’ve walked this property and I can introduce the buyer to the President of the Laurel Canyon Association – this will help the overall process. He is also a land-use attorney specializing in permitting.

The property has some issues and has been condemned by the City. The buyer would have to assume this responsibility.

This is a solid property that needs cosmetic updates thru out to your liking. This market moves quickly. You need to add 400 Sq Ft to this property and spruce up the interior and exterior to grab an easy $730,000 to $740,000 ARV. Need to place EMD to lock deal.

*This asset is being sold as is where is. There are no contingencies. Please email/call/text for Sales Structure. Clean and Clear title will be provided at closing. Buyer must do their own due diligence. Seller makes no warranties as to accuracy of projections, nor empirical data provided.

*Contact me if you want to make a referral, we can share fees! Ask about 80/20 100% JV Fix/Flip loans Nationwide, no min Loan Amt, no fico requirement, up to 90% purchase, 100% of rehab for most Fix/Flip projects, no split.

The permit needs to be paid for and pulled by April, otherwise it will expire. There are no issues. Seller just want to sell. However, if he doesn’t find a buyer, he will pull the permit and start building it.

They have already paid for everything that was needed to get the coastal permit approved, ie: architectural, structural, soil test, surveying, water drainage study as well as utility relocation, temp pole, and demo. This is a shovel ready project.

Coastal permit has been paid for and issued. Building permit has been fully signed off and approved. We just have to pay the school fees and inspection fees and pull the permit. These fees amount to about $8000.00

At this time seller doesn’t want to J.V. and prefers to sell fast with cash.

I’m Direct to the Seller and this is an off-market sale! Contact me Direct. Greg@FixandFlippers.com | 858-386-0949

All mechanical equipment is new with current tenant configuration being: Single user (.99 cents store). All inventory of both facilities go with the sale. Seller available for consultation after sale as needed.

Car Wash revenue from May 2010 through April 2011 was in excess of $547,000. With “Detailing” in excess of $30,000. The 99 Cent Store generated sales of more than $187,000. With more than $50,000 taxable/non-taxable revenue. Total sales during the above period exceeded $817,000. Net earnings during the same period were in excess of $329,000. Request Profit & Loss Statement.

This is a fully functional facility generating revenue daily and requires no changes or improvements to continue current operation. All car wash and 99 cent store inventory goes with the sale. The property also has city approved site plan for multi-tenant use specifically retail auto parts, tire sales, and auto repair shop as an alternative configuration. Request Site Plan.

This business has a significant presence and much “Goodwill” within the community.

Located in the heart of the city of Yucaipa on the primary road running through the core of the city, surrounded by multiple-tier one/national tenants such as Bank of America, Chase Bank, Von’s, Stater Brothers, Fresh & Easy, Rite Aid, Big Lots, Etc.

Utilities are reasonable. The property is about 10,000 sq.ft the car wash is about 4,400, Grocery Store is about 5,400. There is a current lease with the grocery store for the next 14 years, brings in about $94.5k/yr.

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This is a vacant lot project that a builder I know decided not to move forward with.

They demolished the small house that was on the site but ran into a snag with their permits, now they’re 6-9 months away from approval. Could also consider a J/V with $650K down towards a new loan. They have plans to build a 3,100 sq.ft home with appraisal in-hand dated 6/9/16 ARV – $3.4M, Rehab Budget – $571k

They are letting it go around $1.7M

I live down the street, its a great private street, off Sunset/Laurel Canyon.

Strong terms for CA loans. Largest loans for ARV fix and flip scenarios. Tear down OK!

Fast Bridge Loans to close transactions with quick cash funding 2-5 day funding.

If you want to put your funds to work, we can introduce you to a few opportunities to get your feet wet and build a relationship with one of the principals I work with. They are offering lenders 20%+ ROI within 6-12 months.